The video commerce boom


Chia says for SMEs looking to garner a larger audience, it is imperative for them to adopt the usage of this channel as it aids their expansion plans without much hiccups.

THE video commerce trend is fast catching up in corporate Malaysia with the rising popularity of eCommerce.

It is estimated that the global video commerce market is projected to grow at an explosive compounded annual growth rate (CAGR) of about 32% from 2023 to 2028. It was valued at US$526.72bil last year and is expected to reach US$2.79 trillion by 2028, according to India-based research and consulting firm Daedal Research.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Matrix Concepts names Kelvin Lee group MD; FY26 revenue hits record high
Pop Mart's Labubu keeps on heavy lifting
Bursa Malaysia lower at midday amid weaker regional market performance
Penang Port records steady 1Q growth in cargo handling, cruise, ferry operations
Maybank records net profit of RM2.48bil in 1Q
Eversendai bags RM400mil projects in Singapore and India
AmBank wraps FY26 with record net profit of RM2.1bil
US yields rise as oil jumps on fresh strikes in Middle East
TNB’s RM43bil grid modernisation gears up for rapid growth in data centre demand
Asia shares take a breather as Gulf hostilities drag on

Others Also Read